Job Summary

Job Description

What is the Opportunity?

This role is part of Group Risk Management - US Enterprise Risk, supporting the execution of governance frameworks and Risk Appetite for the Combined US Operations (CUSO), RBC’s Intermediate Holding Company (RIHC) and branches within the US.  This role will provide oversight and guidance to the lines of business (LoB)s and oversight functions as it pertains to creation, update and governance of frameworks and Risk Appetite across the US.

What will you do?

Perform consistency checks (Quality Assurance) across Risk Management Frameworks in the legal entities across CUSO

Assist in the execution of annual refresh of risk appetite framework, risk appetite statements and measures

Maintain measure and reporting inventory

Assist in developing a system of record for risk appetite program

Assist in preparation of presentations for management and board committees

Assist in preparing risk appetite reports

Develop and maintain tableau reports and use python to develop data analysis

Assist with meeting minutes and documentation requirements   

Assist with drafting and updating of all of key governance documents (eg. Policy, Standards, Procedures and User Guides)

Drafting of materials for quarterly meetings with US regulators and assisting with coverage of regulatory exams and requests for information, as well as any MRA remediations

Assist with periodic reviews and requests for information from Internal Audit and various stakeholders across risk

Maintain Risk Appetite supporting documentation files

Assist US subsidiaries in the execution of risk appetite framework and to ensure alignment and best practices

Assist in maintaining active engagement with the Enterprise Risk Appetite team in Toronto, for consistency and alignment of practices - as appropriate

Help maintain robust documentation on decisions reached across the US and Enterprise (Toronto) RA teams

What do you need to succeed?

Bachelor’s Degree in Business, Finance, Law or other related fields

3 to 5+ years previous experience work in a Risk Management role in a Financial Services organization

General knowledge of key risk disciplines e.g., enterprise, market, counterparty credit, liquidity risk and Operational Risk

Prior experience within Risk or Product Control will be prioritized

Working knowledge of reporting tools such as Tableau and Python will be prioritized

Prior Experience with Risk Appetite and / or risk limits is very beneficial

Managing projects and initiatives for multiple stakeholders

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

Leaders who support your development through coaching and managing opportunities

Ability to make a difference and lasting impact

Work in a dynamic, collaborative, progressive, and high-performing team

Opportunities to do challenging work

Opportunities to building close relationships with partners and management team

The good-faith expected salary range for the above position is $80,000 - $135,000 (New Jersey) depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

Drives RBC’s high performance culture

Enables collective achievement of our strategic goals

Generates sustainable shareholder returns and above market shareholder value

#LI - Hybrid

#LI - POST

Job Skills

Business Performance Management, Investment Economics, Investment Risk, Investment Risk Management, Market Risk, Performance Management (PM), Risk Control, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-12-02

Application Deadline:

2024-12-31

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.